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CSPAN
Feb 5, 2013 5:00pm EST
-span's "q&a." >> the congressional budget office today said this year's budget deficit will be under $1 trillion for the first time since president obama took office. the c.b.o. also estimates the economy will grow 1.4% this year with unemployment remaining around 8%. c.b.o. director sat down with reporters this afternoon to discuss the economic and budget forecast. >> hello. thank you all for coming. i'm the director of the budget office. c.b.o. just released its outlook for the federal budget and the economy over the next decade. i'd like to tell you a little bit about if and then my colleagues and i will be happy to take your questions. our analysis shows that the united states continues to face very large economic and budget challenges. under current law we expect that the unemployment rate will remain above 7.5% through next year. that would make 2014 the sixth year in a row with unemployment so high. the longest such period in 70 years. also under current law, we expect the budget deficits over the next decade would total about $7 trillion. with deficits so high, the federal de
CSPAN
Feb 9, 2013 3:05pm EST
the -- sequester with deficit reduction achieved over a longer time. >> watch the entire interview sunday at 10:00 a.m. eastern and again later at 6:00 p.m. on c- span. now, douglas emmett dorf, director of the congressional budget office. this is just over one hour. >> thank you all for coming. i am the director of the congressional budget office. cbo just released its outlook for the federal budget and the economy over the next decade. i would like to tell you a little about it, and then my colleagues and i will be happy to take your questions. our analysis shows that the united states continues to face very large economic and budget challenges. under current law, we expect the unemployment rate will remain above 7.5% through next year. that would make 2014 the sixth year in a row that unemployment is so high, the longest such period in seven years. -- 70 years. also under current law, we expect budget deficits over the next decade to total about $7 trillion. with deficits so high, the federal debt on the public will remain a larger percentage of gdp than in any year between 1951
CSPAN
Feb 6, 2013 1:00am EST
our budget and on our deficit, and these are decisions that will have real and lasting impacts on the strength and pace of our recovery. economists and business leaders from across the spectrum have said that our economy is poised for progress in 2013. and we've seen signs of this progress over the last several weeks. home prices continue to climb. car sales are at a five-year high. manufacturing has been strong. and we've created more than six million jobs in the last 35 months. but we've also seen the effects that political dysfunction can have on our economic progress. the drawn-out process for resolving the fiscal cliff hurt consumer confidence. the threat of massive automatic cuts have already started to affect business decisions. so we've been reminded that while it's critical for us to cut wasteful spending, we can't just cut our way to prosperity. deep, indiscriminate cuts to things like education and training, energy and national security will cost us jobs, and it will slow down our recovery. it's not the right thing to do for the economy. it's not the right thing for fol
CSPAN
Feb 6, 2013 10:00am EST
the real question here is, how do we reduce our deficits in a way that does not hurt the economy right now, but does make sure that as the economy improves that public spending is not -- and deficit spending is not squeeze the out by private investment. for the last couple years the problem has been opposite. we have seen less private investment, so the moneys the federal government has spent have been very important to helping the economy from going into free fall. . there is no doubt that we have to deal with the balanced approach and that's where the debate lies in how we should do that. again, our republican colleagues have said no to the balanced approach. they said no to the plan that we offered to prevent the sequester. they wouldn't allow a vote on the plan we offered to prevent the sequester that's going to hit on march 1 and which our republican colleagues in statement after statement on this floor have said is going to hurt the economy and which we know from the last quarter's economic report is already hurting the economy just because businesses are anticipating the p
CSPAN
Feb 5, 2013 8:00pm EST
we are projected to the a big deficit below one of a trillion for the first time in five years. later, the mayor of san antonio and justified -- testifies on capitol hill about immigration policy. some of the automatic spending cuts delayed in december are scheduled to take effect next month. on the next "washington journal," we will talk about those cuts and program such as medicare and social security. severna, 40 5:00 a.m. eastern. our guest is from texas, and at 8:0020, a democratic congressman, henry waxman, of california, on efforts to combat climate change. your phone calls and tweeds, "washington journal," 7:00 a.m. on c-span. president obama announced his plan to avoid automatic spending cuts known as sequestration scheduled to begin march 1. it is including tax changes. the president spoke to reporters for just over five minutes. >> good afternoon, everybody. i wanted to say a few words about the looming deadlines and decisions that we face on our budget and on our deficit, and these are decisions that will have real and lasting impacts on the strength and pace of our
CSPAN
Feb 1, 2013 10:30pm EST
president obama really cares about the deficit. if there is something he noticed in the first two years when the economic crisis had to be front and center, the thing he wanted to deal with was the long-run deficit. the idea that he went on a spending binge if you don't make threats like that is crazy. the evidence is there that he put spending cuts on the table. he asked them for them to be paired with tax increases as well. there is more good will than people realize. more agreement that we have such a big budget problem that will we're going to fire on all cylinders. we have to cut spending. frankly, we have raise more revenue. >> you're listening to the california program and our speakers are economic experts. we are discussing national, regional, and global economic challenges. you can find video online. there's a series of questions around employment and job growth. what what is your outlook on job growth? >> i will start. i think -- i will say i was here last year and i'm more optimistic this year than last year. we made a significant amount of progress. it looks like housi
CSPAN
Feb 8, 2013 8:00pm EST
happening, it is true that the deficits are going to be below a trillion dollars for the first time in several years. it is true that the new revenues and spending that you did not do -- it is also true the economy is beginning to grow again. this is almost like the reverse of what we did in 1993. i was perfectly well aware that a raise taxes and cut spending, it could have been dragging effect on the economy. but not nearly as much as not nearly as much as having low growth or then having interest rates that were too high. so our gamble was that the explosive effect of lowing interest rates with a booming bond market and having more disposal income over five-10 year period to invest in america's future would more than offset putting the hammer down by raising more money and cutting spending. it turned out to be a good gamble. it will make sense here again. but timing is everything. so i think you should have a budget that does not defy arithmetic and does not follow in the trap that we had for 20 of the last 32 years which is you always get more money when you cut taxes. but it is als
CSPAN
Feb 6, 2013 7:00am EST
journal" is next. host: the federal deficit is expected to dip below one trillion. the news comes as republicans and democrats face a march 1 deadline to avoid billions in across-the-board spending cuts. the pentagon announced it will offer benefits to same-sex couples. in the senate is wrapping up work on the violence against women act. and the house will vote on a bill requiring the president to offer a plan to balance the federal budget in 10 years. good morning. we begin with your take on the leaked white paper from the white house just fine drone strikes on u.s. citizens overseas. nbc news reported on the memo monday night and it has gotten lots of reaction in washington. what are your thoughts? call -- we want to get your thoughts on social media as well on twitter or facebook. or send us an e-mail. we will get your thoughts in a moment. first, josh gerstein is joining us on the phone. here's your headline -- what was this memo? guest: this is a white paper that looks like it was derived from some confidential legal opinions that the opinions -- opinions that the justice depart
CSPAN
Feb 5, 2013 1:00pm EST
very first year of the administration, the deficit tripled, the previous record high deficit in this country, to $1.4 trillion. $1.3 trillion in f.y. 2010. $1.3 trillion in 2011, $1.2 trillion in f.y. 2012. and, mr. speaker, there's no plan that the administration has produced to get us from where we are, fiscal irresponsibility, to a point in the future of fiscal responsibility. mr. speaker, we've been doing our part here in the house, we've been proud to work together across the aisle in order to pass budgets that tackle those hard challenges that are ahead of us. if you go and read the president's comments, mr. speaker, you'll see that he recognized the challenges are hard. the question is, are we going to deal with those or not? i hold here, mr. speaker, a speech that the president made to the democratic national convention on september 6, 2012. where he said this, i will use the money that we're no longer spending on war to pay down our debt and put more people back to work. and my notes here said it was followed by extended cheers and applause. i suspect my friend from massachu
CSPAN
Feb 9, 2013 6:20pm EST
and cut our deficit by more than $2.5 trillion through a balanced mix of cuts and tax for the wealthiest americans. that is more than both parties say we need to stabilize our debt. i believe e we can finish the job the same way we started it, with a balanced cut of spending cuts and tax reform. and the majority of the american people agree, both democrats and republicans. my preference and the preference of many members of congress is to do that in a balanced way by making sensible changes to entitlement programs and reforming our tax code. as we speak, both the house and senate are working toward budget proposals i hope will lay out this balanced path going forward. wut that takes time and right now, if congress doesn't act by march 1 a series of harmful doubts spending also known as the sequester are scheduled to take effect. and the result could be a huge blow to middle class families and our economy as a whole. if it goes forward thousands of workers are likely to be laid off, firefighters and food specttors could find themselves out of work leaving ourselves vulnerable.
CSPAN
Feb 1, 2013 8:00pm EST
columns calling for the need for a plan for faster growth, not deficit reduction. what is the president -- i know you've talked about how all the president's plans envision job creation, but what does the president tell his advisors when he sees these signs of a sluggish recovery? what is he asking in the way of things to speed recovery, create jobs and stimulate growth? >> i'll go to the narrow question first. every time the president meets with his economic advisors to discuss policy proposals and refinements to existing policies, the focus is on job creation and economic growth. and that includes when we have discussions about deficit reduction. as i've said many times and as the president has made clear, deficit reduction is not a goal unto itself. it is a means to, if done right , the desired goal, which is greater growth and greater job creation. as part of an overall economic policy. i would note that today's jobs figures and the revisions that we saw in previous months' jobs figures mean that over 35 months we have created 6.1 million private sector jobs. we created in 2012, and
CSPAN
Feb 4, 2013 12:00am EST
may 2010 when uk deficit was at 11%, when you were in office, right? and i tried to imagine, and i tried to imagine what the situation would be like to take if no such fiscal consolidation program had been decided, i shiver. that is what the imf says about the plan of the last labour government. now, he raises the issue of growth. >> order. it is not acceptable to shout down either the prime minister or the leader of the opposition, and the public have a very low opinion of that kind of behavior. let's hear the questions and hear the answers. the prime minister. >> he raises the issue of america, and american growth. the fact is our recession was longer and deeper than the recession in america. the biggest banking bust was not in the american banks, it was british banks. he doesn't want -- they won't talk back to more because he doesn't want to talk back yesterday when the key people responsible for the regulars of the bank and the performance of our economy are sitting right there on the opposition and just. [shouting] >> ed miliband. >> once again a completely incomprehensible an
CSPAN
Feb 9, 2013 12:25pm EST
state government was bogged down by a $3 billion deficit. now our housing market is on the mend. recovering faster than anywhere in america. we are adding jobs at the swiftest clip in years, nearly 23,000 in november alone. arizona ranks fifth in the nation for job growth during 2012. [applause]the kauffman index recently declared arizona the country's premier place for entrepreneurs. our budget is now balanced. we set aside $450 million in the state's rainy day fund for the next time that crisis strikes. [applause]crime and violence in arizona continues to trend downward. arizona has reduced crime by punishing criminals and not by infringing on the rights of law- abiding gun owners. [applause]our state is getting stronger. i am confident that arizona's light of opportunity will shine as bright as the arizona sun in the years to come. i understand there was a little game being played last month called where in the world is jan brewer? i heard the rumors. i was not hiking the appalachian trail. [laughter]in fact, i was humbled that the united states military gave me an opportunit
CSPAN
Feb 7, 2013 1:00am EST
friends is that we'rewe all want to fix the deficit problem. there is no question. but i think, when they have a chance to look at this bill and understand what we're really facing, i don't think we will have a problem. >> how is this different from the proposal from a year ago? >> did we have a pay freeze a year ago? [laughter] >> it is different. the house had the attrition of the workforce that is in this component. we had a combination -- instead of every three positions that came open. we had two. and a combination of overall across the federal government over a year. this is different here it combines both so we're on the same page. and we have the house proposal on nutrition and we added congressional pay freeze on it. >> what makes you think this time around that the senate majority leader will take up this proposal? >> i would certainly defer to the chairman, but there is a real urgency here. one of the reasons that the president and the administration, during this campaign, didn't want the actual warrant act, the law that requires to notify workers that they may be laid off
CSPAN
Feb 1, 2013 7:00am EST
deficit is hurting the economy. what are you trying to say about that? guest: we usually do not talk about trust deficits. talk about trade, budget deficits, things we can measure. i'm talking about a breakdown of trust in american society, in particular in the institutions that make our economy go. when you look at measures of trust from surveys like a gallup or the pugh institute -- the pew institute, or even newspapers, congress, large corporations, banks, public schools, they have all been going down for many years. for a lot of them, this decline in trust was intensified leading up to and going into the financial crisis. there are a lot of reasons for these things we can talk about. what we were trying to get at in the story that -- is that this matters to the economy, and trust breaks down. there was nobel prize-winning economist who 40 years ago said that every commercial transaction has within it an element of trust. when you trust your counter party, you're more likely to engage in a transaction. when trust begins to fray, and people become suspicious of each other and each
CSPAN
Feb 8, 2013 2:00pm EST
can use that either to reduce the deficit or to pay for something else. it was designed -- or intended -- whether it has done so successfully or not, it was done to pay for infrastructure. >> absolutely. we are not real happy about that. >> john, what are you hoping for next week? >> for some reason, i have not been consulted on that. the president in the campaign said he was 4 and all of the above energy policy, so let's have some announcements that support that -- he was for an " all of the above" energy policy. let's move forward with the things that you need to do to accomplish that policy. i would say that we would also -- i would like to see stop this discussion about taxing the industry and trying to characterize it as subsidies, which is simply not true, and i would like to see more opportunities in terms of where we can open up areas that are off-limits right now. all those combined can generate an enormous amount of opportunity for the economy right when we need it. >> i will just mention a couple of things. i think lenders have been really concerned about the implem
CSPAN
Feb 8, 2013 10:30pm EST
sensible policies for this country. they want to us deal with the deficit in a way that provides for the future of this country. so they want to invest in research and education. they want roads and bridges. we're having a tough time breaking through the division that we have in washington. and quite frankly, the more you can do to underscore the importance of the work that you do, i think the stronger the voice will be for a reasonable solution to our fiscal problems that will permit n.i.h. to get the funding it needs on a permanent basis. so i think this point needs to be underscored more and more. the work you do here and the impact it has on our lives. i was talking -- we had a chance to talk about the work being done in infection diseases about trying to develop a way in which we can get a flu shot that is more generic rather than every year. that's extremely exciting to me. i don't like trying to figure out when i'm going to get my flu shot and whether it works or not. the more we talk about what we can achieve in the future, what america can achieve in the future and we ha
CSPAN
Feb 6, 2013 8:00pm EST
record -- grappling with a record debt and deficit, threat of global warming, threat of global poverty, of pandemics, of national security challenges like continuing war on terrorism, the instability of iran and north korea, rising powers, turmoil across the middle east, turmoil in north africa, the proliferation of weapons of mass destruction and the growing threat of cyberattacks. how we confront these problems, how we deal with these challenges will in many ways determine that future course of america. it will determine whether the united states will be a leader in the 21st century or whether we will be just another failed empire in history. to succeed we will depend on the resilience of our economy, the strength of our diplomatic and military institutions and above all, the effectiveness of our political system that underpins in many ways what we do as a country. and that brings me to what i see as perhaps the most urgent task facing this nation and facing all of us and that is overcoming the partisan dysfunction in congress that poses a threat to our quality of life, to ou
CSPAN
Feb 2, 2013 12:10pm EST
same math approach that created our federal deficits at the national level. democrats and republicans alike in this very chamber had voted to cut taxes for millionaires and to increase state spending without paying for either one. the result? $1.7 billion dollar deficit. that is how it works. it is failing to deliver results. underperforming schools, tuition hikes, rising in crime outside of baltimore. in 2007, together we started making that her choices. we cut spending growth, we had a penny to the sales tax to improve our children's education. we made our tax code more progressive and fair. we put concrete acts and to close our. when the national recession hit, wiping jobs and revenue across the country, including here, other states try to find prosperity. they found that this only made things worse. laying off police officers, firefighters, teachers. they are hoping that somehow it would trickle down to the rest of us. in maryland, we made better choices. we made government more efficient and effective. for the first time we started sending public goals with deadlines. weekly perf
CSPAN
Feb 2, 2013 6:20pm EST
have worked together to reduce our deficit by $2.5 trillion. that is a good start, but to get the rest of the way, we need a balanced set of reforms. for example, we need to lower the cost of health care like programs like medicare. we cannot pass the burden. these reforms must go hand-in- hand with eliminating excess spending in our tax code so that the wealthiest cannot take advantage of loopholes and reductions that are not available to most americans. 2012 can be a year of solid growth and more jobs and higher wages. -- 2013 can be a year of solid growth and more jobs and higher wages. everyone in washington needs to focus on what is right for the country, on what is right for you and your families. that is how we will get our economy moving faster. it will strengthen our middle class. we will build a country that rewards the effort and determination of every single american. thank you. have a great weekend. >> hello. my name is susan brooks. it is a pleasure to speak to you from my home state on indiana. my husband and i have raised two children here. i've been a us attorney
CSPAN
Feb 4, 2013 7:00am EST
to bring down the deficit. we can do it in a gradual way so that there is less of an impact. these deductions that certain folks can take advantage of, the average person cannot. not everyone has access to cayman island accounts, the average person does not have access to carry interest income, where they wind up paying a much lower rate on the billions that they earned. we want to make sure that the whole system is fair and transparent and that we are reducing our deficit in a way that does not hamper growth and reduce the kinds of strategies that we need in order to make sure that we are creating a strong middle-class. host: jim from south carolina, on the republican line, good morning. caller: how are you? host: well, thank you. caller: you keep mentioning and hearing people talking about pensions, but pensions are just invested the same way that 401k is. stocks and bonds. people with pensions lost money as well. i heard cases where people were not going to get as much money. if someone is manages their 401k, i do not know, it needs to be managed properly and prudently. but not
CSPAN
Feb 5, 2013 10:00am EST
harsh treatment of users, provide a framework for medical marijuana and even reduce the deficit. all by honoring the wish of 2/3 of americans to respect states' rights for marijuana just like we do for alcohol. i would invite my colleagues to join this effort in developing a marijuana policy that makes sense for america today. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from north carolina, mr. coble, for five minutes. mr. coble: i thank the speaker. mr. speaker, january is the traditional month in which new year's resolutions are developed. i'm suggesting that president obama and mrs. boim adopt a resolution -- mrs. obama adopt a resolution. it appears to me, mr. speaker, regard air force one very casually and i believe on some occasions two planes, at least two planes go to the same destination. air force one, mr. speaker, belongs to president and mrs. obama. but air force one also belongs to the american taxpayer. and i would welcome a new year's resolution that would provide generous lace of all future air force one dispatches with prudence
CSPAN
Feb 6, 2013 1:00pm EST
believe there is a better way to lower the devers, but americans do not -- to lower the deficit, but americans do not support sacrificing real spenged cuts for more tax hikes. the president's sequester should be replaced with spending cuts and reforms that put us on a path to balance a budget over the next 10 years. the american people believe that the tax question has been settled. they know the president called for a balanced approach to the debt. combination of revenues and spending cuts, and they know he's gotten his revenue. the american people do not believe the president will use further tax revenues to lower the debt. and haven't seen this president attempt to spend his way into prosperity over the last four years, they know he'll spend it. the president doesn't believe we have a spending problem. he general winly believes the government -- genuinely believes the government spending causes economic growth. if that were true, the economy today would be thriving. it isn't thriving. the unemployment rate is still nearly 8% and rising. small businesses like the one i ran are stru
CSPAN
Feb 1, 2013 9:00am EST
deficits under control. hopefully, we do not have to many quarters where we end up in negative territory. this is not an economy growing six percent and can hinder those bibles easily. host: magnolia, texas, david, better. caller: [indiscernible]we are doing great here. i noticed the super bowl is forming dollars per minute. everything is packed. all of the football stadiums. i do not see any recession. host: you said you are doing better why? caller: i live 15 miles from where they are building the number one country in the world. we are getting roads. it is unbelievable around here. we have job signs everywhere. as far as the savings, when interest rates are 1.5%, who will put their money in the bank? bernanke wants you to put it in stocks. that is why there is no interest rate. i took my money for years ago when i bought those rifles. i have made so much money on them. it is unbelievable. host: he mentioned social security. there is a category about the social safety net. guest: we use the term government social benefits to cover quite a few different provisions for households that ar
CSPAN
Feb 7, 2013 10:00am EST
that agree, you got to address the larger deficit issue and to address a large deficit issue and my own experience having participated in every budget summit that we've had in past years, you got to be able to develop a balanced package in order to do that. that's just the nature of dealing with the size deficit -- size of deficits that you got. my preference, frankly, is that the congress would do the big deal, get it done, get this behind us, detrigger sequester, some this constant uncertainty, this month-to-month situation where we don't know what the hell we're going to get. that should end. in the absence of that deal, obviously i'll support whatever package you can put together to try to detrigger sequester. whatever you can do to make sure this doesn't happen. i mean, i cannot imagine that people would stand by and deliberately hurt this country in terms of our national defense by letting this take place. >> i'll only add briefly that most of the things we're doing are reversible. that is our goal, that they would be reversible. even if you reverse them it will take sometime,
CSPAN
Feb 7, 2013 8:00pm EST
deficit that has at times existed between this committee and the cia. if i'm confirmed, the address the deficit between the committee and the cia would be wholly unacceptable and i would make it my goal on day one of my tenure and every day thereafter to strengthen the trust between us. i have a reputation for speaking my mind, and at times doing so in a direct manner, which some attribute to my new jersey routes. -- roots. i would like to think that my candor would reassure you that you'll get straight answers from me, maybe not always those you will like, but you will get answers and they will reflect my honest views. that is the commitment i made to you. i would like to finish by saying a few words about the importance of taking care of the women and men who serve in the cia. because the of the secretiveness that the intelligence work requires, few americans will ever know the making sacrifices that these professionals and their families make every day. many have risked their lives and at times have given their lives to keep our country states. -- safe. if confirmed, i would make
CSPAN
Feb 3, 2013 10:00am EST
extreme positions, you have to get respect from your review. >> guns, immigration, federal debt/deficit, which of those three issues will be paramount in that senate campaign? economy improves, it will be the economy. if it is beyond the economy, i think health care might be an issue. whatever democrat runs probably voted for it. whatever republican runs and did not vote for it. i do not think that will be a big issue unless there is a lot of administrative action taken by this president that is going to turn gun owners off. then the president could raise it to a big campaign issue. i do not think any action by congress will raise it to a big campaign issue. >> i want to ask the questions about immigration reform. a group of eight senators are trying to draft legislation and take the lead on this issue. were you asked to be in the group? what i was not. i suppose i could have volunteered. as ranking member, art dealer leading ranking member of the judiciary committee, it is more ideologically divided. i think i have to be a person that is an honest broker. i am going to look at it from
CSPAN
Feb 9, 2013 1:15pm EST
. unlike the deficit we faced two years ago, we start out in a much better position today because of the tough, but important, decisions we made over the past two years. dain many ways, our position in wisconsin is a stark contrast to the chaos in washington, dc. while many of our nation's leaders fail to make tough decisions, we decided to avoid failure by embracing true reform. still, there is much work to be done. as i travel the state, it is clear to me why our focus on helping create 250,000 jobs by 2015 is about much more than just fulfilling a campaign promise. simply put, it is about helping improve the lives of 250,000 more families in wisconsin. you see, adding a new job is about more than just a number. every time another job is created, and a new employee is hired, it means that another family has someone working in their household. for many, that means fewer worries about putting bread on the table or clothes on the backs of their kids -- or even making the mortgage payment on the house. i will work hard each and every day, so we can help people all across wisconsin have
CSPAN
Feb 9, 2013 6:30pm EST
my committee website. thanks so much. >> tomorrow on news makers the federal debt and deficit, the cuts known as sequestration beginning on march 1. you can watch the interview on news makers tomorrow at 10:00 a.m. eastern and 6:00 eastern here on c-span. >> and you are watching the communicate tors on c-span. we are on location at the c.e.s. international 2013 show in lave from the -- from las vegas. here at c.e.s. international, samsung has a large display and we are joined by david steel of samsung. begin by giving us a snapshot of the samsung corporation. >> it is now the largest technology company in the world by sales. we cover components all the way through to finished goods like home appliances, televisions and smartphones. so you will see a whole range of products at the booth where we are showing audio systems, home appliances, televisions, the whole range of electronic products. >> what is your position at samsung, for what are you response snble >> i'm responsible for our corporate strategy in north america america and looking at all of our corporate strategies across t
CSPAN
Feb 3, 2013 7:00am EST
. the ongoing debate over the rising debt and deficit and how to rein in government spending. here is a portion of the address. [video clip] >> i recently voted to present the democratic majority in the u.s. senate with a simple but powerful challenge. pass a budget, or you do not get paid. by forcing senate democrats to finally live up to one of the most basic responsibilities of governing, we are presenting them with a golden opportunity to confront and fall -- solve our spending program. we are holding president obama accountable for the sequestered cuts he first proposed in 2011. republicans want to replace the sequester, which is a series of harmful across the board cuts with better, common-sense cuts and reforms. all of this will require democrats to finally get serious about the spending problem. each of the last two years, the republican-led house has passed a responsible budget that addresses what is driving the debt to put our country on a path to prosperity. unfortunately, it has been for years some senate democrats last pass the budget. 1000, 375 days to be exact. -- 1600
CSPAN
Feb 7, 2013 7:00am EST
economy starts to take off, they sabotage economy. i saw a chart yesterday that the deficit has already fallen from $1 trillion to $648 billion with the cuts they did in 2011. as far as taxes, they need to change the tax code. businesses need to pay their fair share. i get $22,000 in my civil service and social security. i paid $448 in taxes last year. i am 76 years old. i am barely surviving. host: you mentioned at the beginning that your daughter-in- law, where she employed with a company that depended on government financing? >> yes, some government contracts, so they froze things to try to save jobs and then last friday they laid off five people. -- they froze hiring. host: willie is with us on the line. caller: i look at it like this, when you have a drought, in order to break the drought, everybody has to pay for it. a storm, you have to have a hurricane or a tornado to break a drought. some people are going to get flooded out. so i hope that it will go through. let it do what it is supposed to do and get this stuff straightened out. everybody's looking out for themselves. i worke
CSPAN
Feb 2, 2013 4:10pm EST
or not we have a federal deficit. even if we had a zero deficit, many program cuts and determination would sbreels g.d.p. and expand -- increase g.d.p. the fiscal conservatives always say they want to cut spending but near i will all the focus in recent years have been trying to impose overall restraint by voting balanced budget. i'm not against the caps but they do not reduce the underlining pressure to spend. the only way to do that is challenge particular programs and make the argument that particular programs are harmful and wasteful, unconstitutional, unjust, and unneeded. to make lasting reforms congress needs to make the case to cut many dozens, hundreds of particular programs. if the republicans want to kill funding for big bird they have to make the case for it. they have to lay out the case and push on that for many months or many years to wear down the opposition. so the very few examples in recent decade where is we've been able to cut or limit or reform programs, there has been a build up and we've laid the ground work for it. most famous i will the welfare reform in 199
CSPAN
Feb 7, 2013 5:00pm EST
future. it means that we're going to talk about, yes, deficits and taxes and sequesters and potential government shutdowns, debt ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and ang shouse that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're geing job growth and manufacturing is doing well and we continue to have these self-inflicted crisis here in washington where suddenly someone tap
CSPAN
Feb 4, 2013 8:00pm EST
getting to the root crop -- the root causes of our trust deficit, our leadership deficit, and putting concepts, practical solutions before the american people. >> no matter what your thoughts maybe, if you really want to fix things, this is the central place to get it done. >> we have problem solvers in congress who want to wear the no labels badge. >> that is the first step to take. >> if we do not come together, we will be the first generation to turn over this country in worse shape than we received it. >> my friends are immigrants. they came to america with the fundamental hope of what this government stands for. >> people across the country want america to be the greatest nation on earth. >> the country they came from had a civil war going on. it did not have the opportunities that america provides. >> we want to make sure that we are the hope of the world and this is the place for your dreams to come true. >> it is actually up to all of us to strengthen our civic backbone and demand something different. a vision of how to get it done. no labels can help do that. >> we are changi
CSPAN
Feb 2, 2013 1:30pm EST
, d.c.-style deficits that montana has avoided during this recession. let's not miss this chance. the same goes for cuts to the business equipment tax, which is a tax on the market value of equipment a business owns. the last legislature reduced this tax rate, across the board, for every company in the state. let's take the next step and eliminate that tax for 11,000 montana businesses -- two- thirds of the companies that pay it. doing so will directly benefit the main street businesses in your communities. the parrot confectionary has been making and selling candy on last chance gulch in helena since 1922. under my proposal, the parrot would no longer pay this tax. chinook windows in great falls manufactures and distributes windows made for the harsh montana climate. they can use the business equipment tax dollars they've been paying to further invest in their business. under my proposal, the iron horse in missoula would also have a little more breathing room in their bottom line. from manufacturers to restaurants and taverns to service providers, 11,000 montana businesses will no lo
CSPAN
Feb 8, 2013 9:00am EST
side? you have the sequester coming up. do you believe that the tax and deficit debate is harmful to the business environment now? >> the uncertainty is back. the amount of -- the uncertainty is bad. you go from the fiscal cliff to the deficit debate to sequestration. that is inherently disruptive to business investment. certainty is a good multiplier. we are these long cycle businesses that have global competition. i do not have the lecture he to say that i will quit investing for six months until this is reserved. -- resolved. i will keep going. the people who can hurt the worst by all of this are the small and medium businesses. the people that have no buffer. that get confused. these are the people that are the heart of the u.s. economy. they are the ones that are constantly being bombarded as we go from one to another. this can only be solved here. this is one of the few cases where the business roundtable of people speak with one voice. it would be great to get a resolution. >> there is a divide in the corporate side on the corporate tax front. large companies would benefit
CSPAN
Feb 9, 2013 7:00am EST
where we will have slow growth longer. it is easy for the public to focus on the debt and deficit and what is going on in washington. there is still some growth out there. the housing sector is coming back. the auto sector is coming back. those are positives that get completely put back to the forefront when everyone is talking about the debt. host: tom, elkhart, indiana. on our democrat line. caller: elkhart is the recreational vehicle capital. we went down on that in 2007 when the oil prices went up. we are manufacturing housing. we are the musical manufacturing capital. for band and treatments and such. they are made here anymore. are headquartered here, but the work is not here. i do not see how this works. host: were you at the president 's speech in 2009? what did you think when the president came to town? caller: it was helpful. he is doing what he can. he has faced a lot of resistance. it is postindustrial. i am working in michigan four eight federally subsidized wheelchair van. mostly my passengers are senior citizens and disabled people. the 47% that romney talked about.
CSPAN
Feb 5, 2013 7:00am EST
that. there is basically an aversion to paying taxes, and we have deficits caused by wars, tax cuts, and all of the things that we talked about, and there are more people retiring. we could say that is too bad, they lived to long -- right -- too long -- one i was growing up, my grandmother had no medicare, no social security, and she lived with her daughters. i slept on the couch in the living room because that is how families took care of seniors before 1964. now we have a medicare program, where my father lived to 93, my mother lived to 97, and we did nothing for them except pay for their taxes. one year we gave my mom a christmas gift, a hearing aid which cost about $800. host: medicare does not cover that? guest: medicare does not cover that. good luck, you are on your own is what we say to seniors. my view is we are a better country than that. we can find a way to do that. there is a lot of stuff done in this country where people are getting treatment or examinations that are not making their health better or their life better. we have to look at that and stop doing that kind o
CSPAN
Feb 7, 2013 1:00pm EST
we will reduce our deficit, what kinds of tax plans will have, how we will make sure every child is getting a good every child, it is encouraging to me that you turned out so well by your mom not letting you watch tv. i am going to tell my daughters that when they complain. [laughter] in the midst of all these debates, we must keep that same humility that dr. king and lincoln, washington and all our great leaders, understood, is at the core of true leadership. a democracy as big and as diverse as ours, we will encounter every opinion, and our task as citizens, whether we are leaders in government or business or spreading the word, it is to spend our days with open hearts and open minds, to seek out the truth that exists in the opposing view, and find a common ground that allows for us as a nation, as a people to take real and meaningful action, tnd we have to do that, humbly, and we have to do it every day, not just at a prayer breakfast. i have to say this is now our fifth prayer breakfast, and it is always just a wonderful event, but i do worry sometimes that as soon as we leave t
CSPAN
Feb 8, 2013 1:00am EST
for us, whether we are talking about this issue or our deficit issue, to understand the demographic changes that are happening in and around the country. it is also the case -- i know you have been talking about manufacturing. we have a lot of jobs in this country that are unfilled. as a former superintendent of schools, i can tell you that my first priority is that we have to fill those jobs here. we are doing a horrendous job of preparing people for the stem fields that are required to make sure this country actually leads the world in advanced manufacturing. there is so much more we can do. we have not begun to do what we need to do for kids in this country to be ready for the 21st century. while we do that, it seems to me that it makes no sense for us to be saying to people that have acquired advanced degrees here and our foreign nationals, whose education we subsidized, but for a answer, because of obsolete caps that do not make sense, if that that ought to go build a business to compete with people in the united states. we need those folks here, to be able to drive innovation
CSPAN
Feb 5, 2013 1:00am EST
recovery and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. that is the buzzword. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what middle-class life for the behalf unless we step up and do the right things? and to me it is -- i campaigned. i campaigned on the suicide mission to reform medicare end to do tax reform. every town hall, every rotary, chamber meeting. i would talk about those things and those two things only. guaranteed political suicide. we can do this. >> in answer to that question, what will we do to get washington to do with the fiscal challenge? there were some business leaders and alan greenspan was there. he said what are you going to do something on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he is not known for hyperbole. and it struck me that the former chair of the federal reserve is saying you are facing an impending crisis and you will need to deal with that. the qu
CSPAN
Feb 2, 2013 11:20am EST
deficit, and that means 350 million more to pay for obama- care next year. that is not us, that is not south carolina. the federal government likes to wait around a $9 match like is a symbol or bullets. -- like it is a silver bullet. what good are any dollars when they come through a program that does not allow us the flexibility to make the decisions that are in the best interest of the people of south carolina. in the end, i cannot support this expansion for a very simple reason. as long as i am governor of south carolina i will not implement the public policy disaster that is obamacare medicaid expansion. instead we need to improve health care. and we will. we are taking a lead in payment reform. this year alone, over $40 million of payments are tied to performance. which means better outcomes for patients and south carolina tax payers. we are asking beneficiaries to become more engaged in their health. if a patient does not follow a dr.'s advice to stop smoking or does not take their medication, we end up spending more money than necessary. more importantly they will never get heal
CSPAN
Feb 1, 2013 6:00am EST
political campaign will affect legislative fights in the 20 -- in the next congress. and my trust deficit ports government and the financial sector has impeded. economic recovery. -- impeded the economic recovery. than a look at american spending and savings habits. and savings habits.
CSPAN
Feb 1, 2013 2:00pm EST
deficit, 51 million people on food stamps. our culture is an entitlement culture and yet we're going after 13 million people who have an immigration problem. hey, i'm all for vetting them. how about reverse discrimination for once in this country. if we're going to demand exceptionalism, we should have it towards the immigrants whether they come legally or illegally and also go back to americans who are u.s. citizens. >> are you talking about expelling americans? >> i'm all for demotion of citizenship. i agree with you. it may be extreme. but here's my point. how many of you. >> keep it short. >> how many of you have a trouble in a third world country and you come back to america and have a different experience about exceptionalism. what about reverse immigration? >> i do not support the deportation of american citizens but if that were to be a policy, what you would do is save hundreds of billions of dollars a year in the welfare state because immigrants are less likely to use welfare each when naturalized and americans who are poor. that's an interesting result of that. >> the broa
CSPAN
Feb 2, 2013 9:30pm EST
cost of health care and programs like medicare that are the biggest drivers of our deficit. without just passing the burden off to seniors. these reforms must go hand-in- hand with eliminating excess ending in our tax code, though that the wealthiest individuals and biggest corporations cannot take advantage of loopholes and deductionsnew york not billable to most americans. 2013 can be a year of solid growth, more jobs, and higher wages. that will only happen if we put a stop to self-inflicted wounds in washington. everyone in washington needs to focus, not on politics, but on what is right for the country. what is right for you and your families. that is how we will get our economy growing faster, strengthen our middle class, and how we will build a country that rewards the effort and determination of every single american. thanks. have a great weekend. >> hello, my name is susan brooks. it is a pleasure to speak to you from hamilton county in my home state of indiana. i have lived in indiana just about all my life. i have been david and i have raised two children here. i have bee
CSPAN
Feb 3, 2013 12:30am EST
reduce our deficit by $2.5 trillion. that is a good start, but to get the rest of the way, we need a balanced set of reforms. for example, we need to lower the cost of health care like programs like medicare. we cannot pass the burden. these reforms must go hand-in- hand with eliminating excess spending in our tax code so that the wealthiest cannot take advantage of loopholes and reductions that are not available to most americans. 2013 can be a year of solid growth and more jobs and higher wages. everyone in washington needs to focus on what is right for the country, on what is right for you and your families. that is how we will get our economy moving faster. it will strengthen our middle class. we will build a country that rewards the effort and determination of every single american. thank you. have a great weekend. >> hello. my name is susan brooks. it is a pleasure to speak to you from my home state on indiana. my husband and i have raised two children here. i've been a u.s. attorney for this area and starting last month, one of the state voices in the u.s. house. i'm proud to
CSPAN
Feb 9, 2013 5:15pm EST
reduce -- egregious pockets of power deficit all over the world. i do not want to just bring up woman suffering in this, but global suffering stands united. i think women face a dual burden in the sense that they also work outside the home, but their work is not considered a contribution to the mainstream economy. women in pakistan work all day long. they also work inside the home. that is why we are putting especially rural and urban women who are disempowered at the bottom of the. -- of the pyramid at the heart of this strategy. >>> i want to ask you about the drones. pakistan's position is that the drone strikes are a violation of your sovreignty and international law and i think under both of those guidelines you have the right to self- defense. and further, just to guide your answer, has pakistan threatened to shoot down drones, and if not, why not? the reason i ask this is because there is an understanding that while pakistan publicly opposes the strike, privately it sort of winks. >> let me address this as most people do to speak to what they can in terms of the question
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